Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$269,035$269,035$1,439,100
Remaining term (yrs)19.419.430.0
Secondary amount$0$1,170,065$0
Funding fee$1,345$1,345$0
Note rate3.650%3.650%7.400%
Blended rate3.650%6.984%7.640%
1st payment$1,603.99$1,603.99$9,964.04
2nd payment$0.00$7,556.67$0.00
Taxes / mo$1,332.50$1,332.50$1,332.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$287.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,153.16$10,709.83$11,801.02
Cash to close$1,329,965$159,900$159,900